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WindEurope Debuts Daily Wind Power Monitor
Wind energy delivered 9.9 per cent of Europe’s power demand on Monday, providing enough electricity for 100 million EU households or 35 per cent of all industrial power demand. That update was provided courtesy of a new online tool launched…
Statoil Eyes Wind Growth
Norwegian oil major Statoil plans to invest up to 20% of capital expenditure in other areas, such as offshore wind, by 2030. Chief executive Eldar Saetre said in a presentation of the company’s 2016 results that between 15% and 20%…
Iran Talks Up Plans for $3bn Renewable Energy Push
Iran has become the latest Middle Eastern country to announce ambitious plans to beef up its renewable energy capacity, outlining proposals to invest $3bn in delivering 5GW of new clean energy capacity. Speaking at an event this weekend to mark…
UK Ranked 24th Out Of 28 EU Member States for Renewable Energy
The UK has one of the lowest rates of renewable energy consumption in Europe, according to new figures. The European Union has a target of 20 per cent of energy use coming from carbon-free sources by 2020. However there is…
Cube Squares Hydro Acquisitions
Cube Hydro Carolinas has closed a deal to acquire four hydro plants totaling 215MW from Aluminium manufacturer Alcoa Corp. The four projects – High Rock, Tuckertown, Narrows and Falls – are located on the Yadkin river and are expected to…
Renewables Dominated New U.S. Power Generation in 2016
According to the latest issue of the Federal Energy Regulatory Commission’s (FERC) monthly Energy Infrastructure Update, renewable energy dominated new U.S. electrical generation put into service during 2016. Combined, newly installed capacity from renewable sources (i.e., biomass, geothermal, hydropower, solar,…
Huge Win for Renewables in Maryland as Lawmakers Override Governor’s Veto
Lawmakers in the Maryland Senate voted 32-13 Thursday to expand the state’s renewable energy target restoring the Clean Energy Jobs Act and overriding Republican Gov. Larry Hogan’s veto of the measure in May of last year. The bill is now…